I'm no expert in BK, but I find it interesting AA lost 72 cents per share in the quarter and the value of each share is only 51 cents. Also, it looks like they are not traded as AMR anymore, rather AAMRQ.

That is correct, AMR was delisted the day when they went into bankruptcy. I believe the actual AMR stock was taken off the NYSE stock exchange a few months before bankruptcy, I think it had to do with the stock being valued less then a dollar, if somebody in the know can better explain it then I can please do so. I do know that the current stock is worthless and new stock will be issued once they come out of bankruptcy.

The per share numbers are now meaningless, as there are really no shares anymore. New stock will be issued to the creditors upon exit from Chapter 11. The shares being traded now is just a game of chicken being played by idiots.

As I said in the other (now deleted) thread, it is unsurprising that AMR's results will continue to lag - on a margin basis - those of most major competitors, since most of those major competitors are benefiting from have years of ATI/JV partnerships, and post-bankruptcy costs, behind them. AMR still has yet to secure the single most important element of their restructuring - new union contracts - which will have a profound impact on both AMR's costs, and its ability to competitive generate revenue.

Nonetheless, putting comps with the industry aside for a moment, the individual YOY results improvement are definitely moving very much in the right direction. Quarterly operating profit of $142M, net profit (net of reorganization) of $95M, and a whopping cash flow from operations of $1.652B. It's true - AMR's operating cash numbers are inflated by bankruptcy shielding them from some financial obligations, but that is still a respectable cash number either way.

Considering that restructuring costs in general are one time expenses, and also the operational profit, AA at least is generating cash from their core operation !
A year ago, they were losing money just from their regular business.

We need to look into restructuring costs as the ones that will allow next quarter expenses to be smaller, even if they bring other restructuring costs.